Version 1
: Received: 5 March 2019 / Approved: 6 March 2019 / Online: 6 March 2019 (10:46:18 CET)
How to cite:
Poret, S. Corporate-NGO Partnerships through Sustainability Labeling Schemes: Motives and Risks. Preprints2019, 2019030072. https://doi.org/10.20944/preprints201903.0072.v1
Poret, S. Corporate-NGO Partnerships through Sustainability Labeling Schemes: Motives and Risks. Preprints 2019, 2019030072. https://doi.org/10.20944/preprints201903.0072.v1
Poret, S. Corporate-NGO Partnerships through Sustainability Labeling Schemes: Motives and Risks. Preprints2019, 2019030072. https://doi.org/10.20944/preprints201903.0072.v1
APA Style
Poret, S. (2019). Corporate-NGO Partnerships through Sustainability Labeling Schemes: Motives and Risks. Preprints. https://doi.org/10.20944/preprints201903.0072.v1
Chicago/Turabian Style
Poret, S. 2019 "Corporate-NGO Partnerships through Sustainability Labeling Schemes: Motives and Risks" Preprints. https://doi.org/10.20944/preprints201903.0072.v1
Abstract
This article analyzes the emergence of partnerships between corporations and nongovernmental organizations (NGOs) through voluntary product labeling schemes. The economics, management, and business literatures are reviewed to highlight cross-checking, consistencies, and complementarities among these disciplines. The objective is to identify and analyze the motives, risks, and joint benefits of partnering via voluntary product labeling, using examples from the agri-food sector. This study is an attempt to offer a framework of corporate-NGO partnerships by showing that the drivers and risks of each partner merge because each takes a step into the sphere of the other. The main risks – namely, a loss of profitability, credibility and legitimacy – are related to the financial and existential dependency and the asymmetric information between the partners in favor of corporations, inducing an ``NGO-capture'' risk.
Business, Economics and Management, Human Resources and Organizations
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.